Bitsgap High-Frequency Trading Bot Review
With an unprecedented amount of new traders invading the exchange platforms, there is one solitary fact that should be taken into mind... And that is the fact that there have been several very in-depth studies conducted that have all shown that 95% of traders will lose money in the long run. .
But!... There is also a glimmer of light coming from the end of the tunnel... There are solutions that exist that give traders access to the strategic decisions of large investment funds, without having to have in-depth knowledge or excessive capital. This article will highlight one of the best automatic trading platforms of 2021, which I have tested myself, and show you why they come so highly recommended in the world of trading.
Read on...
As a crypto trader, you will inevitably come into contact with trading bots, copy trading platforms, and AI integrated trading platforms, all programmed by the very best of mathematicians, traders, and software developers... Various platforms report that these automatic trading "bots" represent 70% to 80% or more of shares traded on U.S. stock exchanges. And it's not surprising... The high-frequency trading bots from Bitsgap boasted in the video above is my personal favorite, can execute more than 100 trades per 24 hour period when set correctly, and gain more than 60% profits in under a week!
BitsGap High-Frequency Trading Bot Review
If you've ever traded on a crypto exchange, you should already know that the exchanges focus more on liquidity, rather than the best trading tools. This is why solutions like Bitsgap aim to provide the best crypto experience for traders. The Bitsgap trading terminal provides a single interface for trading on multiple crypto exchanges. Trading tools like taking profit, shadow orders, limit market, and stop-loss give you an edge when creating market orders.
The Bitsgap trading bot is powered by the GRID algorithm which works by allowing the trader to set the investment range and limits and then go ahead to distribute those investments proportionately. Therefore, each time the system executes a limit order, GRID places another sell order at a price slightly above market value.
The reverse is true for limit orders, in that each time the previous order is executed, Bitsgap proceeds to another buy limit at a price slightly below market value. Provided the crypto prices do not exceed the trader's predefined value range, the system will continue to trade without interruption. Learn more about the GRID trading strategy here.
Bitsgap's high-frequency trading bots provide pre-configured trading bot strategies that are constantly watching, buying and selling, allowing you to effortlessly grow your capital while you sleep... JUST DON'T FORGET TO SET YOUR STOP LOSS!!! :) One of the features I like is the fact that Bitsgap provides backtesting information on the most profitable markets, which actively optimizes their trading robots that are preconfigured for a bull market (uptrend) and bearish (down). The team uses machine learning by studying and analyzing historical data to maximize profitability and reduce risk, allowing traders to choose any trading pair based on their trading history and bot returns.
Here is a list of Bitsgap'sa most beneficial features:
The following features are just the tip of the iceberg of all the out-of-the-box features available on the Bitsgap platform.
- Cryptocurrency Arbitrage - Traders can maximize the price difference between two or more exchanges.
- Cryptocurrency Trading Terminal - Top-notch tools are available to help you trade spot and futures on multiple exchanges using a single interface.]
- Futures Trading Bots - Bitsgap is one of the few trading tools that allow you to create futures trading robots.
- Signals - look for market anomalies for the best trading decisions.
- Portfolio Tracking - Traders will have a live generated portfolio that allows them to track their funds and income.]
- Automated Trading Bots - Bitsgap provides preconfigured trading robots that are optimized using machine learning.
- High Security - Customers connect their exchange accounts to Bitsgap using the API keys of the exchanges, no deposits are ever made on the platform itself. Bitsgap can never access client funds, it only leads traders on behalf of the user. All commands via API are secured by Bitsgap using premium 2048-bit encryption for added security.
- Exchange Demo - "My Trades" is a display of all trading accounts the user is logged into through the API. The “Demo” feature allows the trader to practice using all the special features of Bitsgap, it helps the user to become familiar with all that the platform has to offer.
Alternatives to Bitsgap
TradeSanta
3commas
Cryptohopper
I will be reviewing more crypto trading bots, AI software, and more very soon! Thanks for reading!
